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What Should New Dodd-Frank Mortgage Rules Say? – Developments – WSJ
By Alan Zibel Get ready for another spat over Dodd-Frank mortgage lending rules. It’s been more than a year since regulators unveiled the first set of proposed (and yet-to-be completed) mortgage rules...
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Future of ‘safe’ mortgages in CFPB’s hands – MarketWatch
By Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) — A regulation that may limit mortgage availability in the U.S. may soon be set by a new consumer watchdog agency, with both banking and borrower...
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Shrinking Mortgage Disclosures Isn’t Easy, It Seems
consumerfinance.govPage 1 of proposed Loan Estimate (click to enlarge). Who knew that cramming all the required information into a shorter, simpler, user-friendly mortgage-disclosure form would be such...
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Opinion: Low down payments are not always high risk
Just as we are beginning to see signs of recovery in housing, federal regulators are considering a policy that could threaten economic progress and financial opportunities for middle-class families....
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Study: New Mortgage Rules Could Shrink Lending by 20%
Pending mortgage regulations could lock today’s tight lending standards in place and result in nearly 20% fewer mortgages being issued in the coming years, restraining home sales and construction,...
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New mortgage rules tough enough: Opposing view
American home buyers got a reprieve last summer when financial regulators proposed a new version of the mortgage risk retention rule. This rule, which reflects the Dodd-Frank Act’s mandate that banks...
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New Snags for the Self-Employed
Borrowers who are self-employed may have a tougher time obtaining a mortgage under new federal regulations requiring lenders to verify applicants’ ability to repay. Effective this month, the rules,...
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Dodd-Frank mortgage rule nears the finish line
Regulators will meet next week to vote on the final version of a mortgage rule that is a much-delayed but important provision of the 2010 Dodd-Frank financial reform law. The Federal Reserve Board of...
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